Redemption of debentures
In this interest on debentures is missing right??
No, it is 12%
Yagana naga sirisha Kollipaka
I'm asking abt ledger (bank a/c) they didn't deduct interest
They might have assumed it's been paid already since, question says: On 31-3-20X2, balance at bank was â?¹7,50,000 before receipt of interest.
You can do either ways, but put a note regarding same.
Yes you have to write assumption for that
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